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史密斯菲尔德食品（SFD）与Block, Inc.（XYZ）财务数据对比。点击上方公司名可切换其他公司
Block, Inc.的季度营收约是史密斯菲尔德食品的1.6倍（$6.3B vs $3.8B），史密斯菲尔德食品净利率更高（6.6% vs 1.9%，领先4.7%），Block, Inc.同比增速更快（3.6% vs 0.8%），过去两年史密斯菲尔德食品的营收复合增速更高（5.5% vs 2.4%）
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
Block, Inc.是美国科技企业，面向消费者与商户提供金融服务，由杰克·多尔西于2009年创立，是美国销售点系统领域的市场领导者。截至2024年，平台服务5700万用户及400万商户，年支付处理规模达2410亿美元。
SFD vs XYZ — 直观对比
营收规模更大
XYZ
是对方的1.6倍
$3.8B
营收增速更快
XYZ
高出2.9%
0.8%
净利率更高
SFD
高出4.7%
1.9%
两年增速更快
SFD
近两年复合增速
2.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $6.3B |
| 净利润 | $249.0M | $115.8M |
| 毛利率 | 13.4% | 45.9% |
| 营业利润率 | 8.8% | 7.8% |
| 净利率 | 6.6% | 1.9% |
| 营收同比 | 0.8% | 3.6% |
| 净利润同比 | 9.7% | -94.1% |
| 每股收益（稀释后） | — | $0.19 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收SFDXYZ
| Q1 26 | $3.8B | — | ||
| Q4 25 | $4.2B | $6.3B | ||
| Q3 25 | $3.7B | $6.1B | ||
| Q2 25 | $3.8B | $6.1B | ||
| Q1 25 | $3.8B | $5.8B | ||
| Q4 24 | $4.0B | $6.0B | ||
| Q3 24 | $3.3B | $6.0B | ||
| Q2 24 | $3.4B | $6.2B |
净利润SFDXYZ
| Q1 26 | $249.0M | — | ||
| Q4 25 | $327.0M | $115.8M | ||
| Q3 25 | $248.0M | $461.5M | ||
| Q2 25 | $188.0M | $538.5M | ||
| Q1 25 | $224.0M | $189.9M | ||
| Q4 24 | $205.0M | $1.9B | ||
| Q3 24 | $291.0M | $283.8M | ||
| Q2 24 | $301.0M | $195.3M |
毛利率SFDXYZ
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.2% | 45.9% | ||
| Q3 25 | 12.8% | 43.5% | ||
| Q2 25 | 13.2% | 41.9% | ||
| Q1 25 | 13.5% | 39.7% | ||
| Q4 24 | 13.5% | 38.3% | ||
| Q3 24 | 14.3% | 37.6% | ||
| Q2 24 | 15.4% | 36.3% |
营业利润率SFDXYZ
| Q1 26 | 8.8% | — | ||
| Q4 25 | 9.5% | 7.8% | ||
| Q3 25 | 8.3% | 6.7% | ||
| Q2 25 | 6.9% | 8.0% | ||
| Q1 25 | 8.5% | 5.7% | ||
| Q4 24 | 8.5% | 0.2% | ||
| Q3 24 | 8.5% | 5.4% | ||
| Q2 24 | 9.8% | 5.0% |
净利率SFDXYZ
| Q1 26 | 6.6% | — | ||
| Q4 25 | 7.7% | 1.9% | ||
| Q3 25 | 6.6% | 7.5% | ||
| Q2 25 | 5.0% | 8.9% | ||
| Q1 25 | 5.9% | 3.3% | ||
| Q4 24 | 5.2% | 32.3% | ||
| Q3 24 | 8.7% | 4.7% | ||
| Q2 24 | 8.8% | 3.2% |
每股收益（稀释后）SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | $0.83 | $0.19 | ||
| Q3 25 | $0.63 | $0.74 | ||
| Q2 25 | $0.48 | $0.87 | ||
| Q1 25 | $0.57 | $0.30 | ||
| Q4 24 | $0.54 | $3.06 | ||
| Q3 24 | $0.77 | $0.45 | ||
| Q2 24 | $0.79 | $0.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.4B | $6.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.9B | $22.2B |
| 总资产 | $12.0B | $39.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资SFDXYZ
| Q1 26 | $1.4B | — | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | — | $8.3B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $7.1B | ||
| Q4 24 | — | $8.1B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | — | $7.8B |
总债务SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | $7.3B | ||
| Q2 25 | $2.0B | $5.1B | ||
| Q1 25 | $2.0B | $5.1B | ||
| Q4 24 | $2.0B | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B |
股东权益SFDXYZ
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.8B | $22.2B | ||
| Q3 25 | $6.5B | $22.5B | ||
| Q2 25 | $6.3B | $22.2B | ||
| Q1 25 | $6.2B | $21.5B | ||
| Q4 24 | $5.8B | $21.3B | ||
| Q3 24 | — | $19.9B | ||
| Q2 24 | — | $19.3B |
总资产SFDXYZ
| Q1 26 | $12.0B | — | ||
| Q4 25 | $12.2B | $39.5B | ||
| Q3 25 | $11.5B | $39.2B | ||
| Q2 25 | $11.2B | $36.9B | ||
| Q1 25 | $11.1B | $36.4B | ||
| Q4 24 | $11.1B | $36.8B | ||
| Q3 24 | — | $36.4B | ||
| Q2 24 | — | $37.5B |
负债/权益比SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.31× | 0.32× | ||
| Q2 25 | 0.32× | 0.23× | ||
| Q1 25 | 0.32× | 0.24× | ||
| Q4 24 | 0.34× | 0.29× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.32× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $621.0M |
| 自由现金流经营现金流 - 资本支出 | — | $579.8M |
| 自由现金流率自由现金流/营收 | — | 9.3% |
| 资本支出强度资本支出/营收 | 2.3% | 0.7% |
| 现金转化率经营现金流/净利润 | — | 5.36× |
| 过去12个月自由现金流最近4个季度 | — | $2.4B |
8季度趋势，按日历期对齐
经营现金流SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | $938.0M | $621.0M | ||
| Q3 25 | $13.0M | $1.5B | ||
| Q2 25 | $274.0M | $374.3M | ||
| Q1 25 | $-166.0M | $133.3M | ||
| Q4 24 | — | $13.8M | ||
| Q3 24 | — | $684.8M | ||
| Q2 24 | — | $519.4M |
自由现金流SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | $842.0M | $579.8M | ||
| Q3 25 | $-75.0M | $1.4B | ||
| Q2 25 | $196.0M | $343.0M | ||
| Q1 25 | $-245.0M | $101.5M | ||
| Q4 24 | — | $-13.2M | ||
| Q3 24 | — | $628.2M | ||
| Q2 24 | — | $481.0M |
自由现金流率SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | 9.3% | ||
| Q3 25 | -2.0% | 22.9% | ||
| Q2 25 | 5.2% | 5.7% | ||
| Q1 25 | -6.5% | 1.8% | ||
| Q4 24 | — | -0.2% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 7.8% |
资本支出强度SFDXYZ
| Q1 26 | 2.3% | — | ||
| Q4 25 | 2.3% | 0.7% | ||
| Q3 25 | 2.3% | 0.8% | ||
| Q2 25 | 2.1% | 0.5% | ||
| Q1 25 | 2.1% | 0.6% | ||
| Q4 24 | 2.1% | 0.4% | ||
| Q3 24 | 2.8% | 0.9% | ||
| Q2 24 | 2.3% | 0.6% |
现金转化率SFDXYZ
| Q1 26 | — | — | ||
| Q4 25 | 2.87× | 5.36× | ||
| Q3 25 | 0.05× | 3.14× | ||
| Q2 25 | 1.46× | 0.70× | ||
| Q1 25 | -0.74× | 0.70× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 2.41× | ||
| Q2 24 | — | 2.66× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
SFD
暂无分部数据
XYZ
| US | $5.7B | 91% |
| Non Us | $560.9M | 9% |
